A Phillips curve implies
A. a negative relationship between consumption and saving.
B. a positive relationship between inflation and prices.
C. a negative relationship between inflation and unemployment.
D. a positive relationship between consumption expenditure and inflation.
Ans: C. a negative relationship between inflation and unemployment.
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Most immigrants to the U.S. in the 1980s and 1990s were from
a. Asia. b. Eastern Europe. c. Western Europe. d. Mexico and Latin America.
In the prisoner's dilemma game, the sentence that each player receives depends on
a. neither strategy chosen b. only the strategy the player chooses c. only the strategy the other player chooses d. the strategy the player chooses and on the strategy the other player chooses e. None of the answers is correct.